E3 2016 – Microsoft Announces Xbox One S, Priced at $299

During Microsoft’s E3 2016 press conference, Xbox boss Phil Spencer unveiled the long rumored Xbox One revision called the “Xbox One S” which is priced at $299 for the 500GB model.

Set to be revealed this August, here’s the official product description:

Introducing the new Xbox One S. Play the greatest games lineup, including Xbox 360 classics, on a 40% smaller console. Experience richer, more luminous colors in games and video with High Dynamic Range technology. Stream 4K video on Netflix and Amazon Video, and watch UHD Blu-ray™ movies in stunning 4K Ultra HD. Includes the newly streamlined Xbox Wireless Controller.

Check out the trailer above to see it in motion.

Watch the video and see the PlayStation 4’s newest competitor, people. Will PS4 Neo be able to stand toe-to-toe against it? With what we’ve heard so far, I’m guessing it will.